CHSRA names new CFO

"Russell Fong brings a wealth of public and private sector financial management experience to the California High-Speed Rail Authority," said Jeff Morales, CHSRA CEO. "In putting together an experienced management team we are continuing to move this project forward and start construction this summer."

Fong comes from CalPERS, where he served as the acting CFO and acting deputy executive officer of operations. He previously served as a division chief for CalPERS' Fiscal Services Division and was the deputy director of the Administrative Services Branch at the California Department of Technology Services.

Dennis Trujillo, chief deputy director of CHSRA, has been acting CFO up until the appointment of Fong.